Tuesday 9 September 2014

Closing Summary, Market Synopsis: 9th September, 2014

Key benchmark indices fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent outperformers such as ICICI Bank. However, sentiment remained upbeat as overseas investors bought shares worth $193 million on Monday, continuing their buying streak for a sixth straight session, exchange and regulatory data showed. The broader Nifty ended 0.26 percent down at 8,152.95 after surging to a record high of 8,180.20 in the previous session.

The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 22 advances to 28 declines.

Photo: Closing Market Update:

Key benchmark indices fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent outperformers such as ICICI Bank. However, sentiment remained upbeat as overseas investors bought shares worth $193 million on Monday, continuing their buying streak for a sixth straight session, exchange and regulatory data showed. The broader Nifty ended 0.26 percent down at 8,152.95 after surging to a record high of 8,180.20 in the previous session.

The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 22 advances to 28 declines.

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